
22 February 2020 | 12 replies
The others were 2005 & 2014 and did not test as well as the one that’s 35 years old.

17 June 2019 | 12 replies
If you buy on actuals and run scenario tests you can hedge a down turn.

17 July 2019 | 160 replies
Here is a short list of unexpected costs that can reduce CF, or easily eliminate it altogether for years especially if the margins are thin and the property only kicks off a few hundred/mo (all of these are actual issues I've dealt with in the past few years that effected CF): Annual Backflow Prevention Assembly Tests/Code changes requiring additional backflow prevention devices“Churn”: high vacancy and turnover rate/ tenant drama/ evictions/ turnover expensesBad PMBad tenantsHOA fee increases/special assessments (condo/townhomes especially but also MF/commercial complexes)Trash hauling/property cleanup—ghetto properties are trash magnetsCrimeTheftTenant DeathMileageToolsTenant placement: screening charges, advertising, professional photos, travel, 3D tours, etc.Property tax increase based on sales price you just paidInsurance rate increase based on a claim you made or a high number of claims in the area Trees-- maintaining trees costs more money than many people realizeAnnual Sewer ScopeAttorney feesTravel costsPest Control—We recently had the unexpected pleasure of evicting some bed bugs from a newly acquired 8 unit building.

17 June 2019 | 9 replies
In search of a market that can pass the 1% test, it seems to be Minneapolis might be close as they have houses in the 150K-200K range that can rent for 1300-1700.

16 June 2019 | 0 replies
When stress testing an investment (active or passive), what stress tests are people using?

18 June 2019 | 19 replies
And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.

17 June 2019 | 2 replies
But that's about as accurate as me asking you how many shingles it takes to cover a roof.If you want to get a real handle on this, here's what you need to do:1) run a test ad in the largest metro newspaper in the "mobile homes for rent section of the classifieds that says "NAME OF LOCATION. 3/2 mobile home for rent. $895 per month includes lot rent.

17 June 2019 | 12 replies
I agree with Account Closed& best way to quickly test your outlet ground integrity is to hook up a new outlet to each of the circuits with the ground wire attached then plug in the tester pic., below.

16 June 2019 | 3 replies
Just to test the market I posted an add online offering a room for rent for $440.

16 June 2019 | 1 reply
This became glaringly obvious to me when I created a test ad to rent the property.